Gulf Coast shipping wins big in federal project funding
$360 million allotted to deepen the Port of Mobile and the Lower Mississippi River.
$360 million allotted to deepen the Port of Mobile and the Lower Mississippi River.
BP imagines a scenario where a plastics ban crushes demand for petchem feedstocks.
Barclays forecasts a drop in oil price; China is witnessing a historic fall in auto sales over stock market crash and U.S.-China trade war; banks are discussing on emergency financing to liquidate Sears.
Hurricane Michael is forecast to make landfall as a strengthening Category 4; Sears may go bankrupt; retailers struggle to fill the hole left by Toys R Us; Cowen is bullish on Canadian Pacific; Seoul continues ploughing money into HMM to cover operations.
Across the region, governments are making preparations. Louisiana Gov. John Bel Edwards declared a state of emergency, activating members of the National Guard.